Trying to find a SIPP platform and fund that can be essentially hands off in retirement?

QrizB

You could build a collapsing ladder if IL gilts to make sure you always have the cash available in your SIPP to service your drawdowns. But this has few advantages over simply buying an annuity.

RogerPensionGuy

All above comments noted and thanks.

Altho I'm not sure best options to use going forward to try and produce my utopian plan with none or little time, effort and emotions, but I'm very well aware of the 268 TFLS and LTA saga. 

I consumed most of my LTA when I commuted the old deferred DB pension and still very happy with that decision that I took at that time.

So fully aware I have X% of 268 available to take at some point in time. 

The information above about a GIA with HL is also of interest to me, tks. 

Thankfully I'm in no rush doing all this stuff, I'm happy keeping lots of wealth in stock markets, but feel I would like it all set, locked way before age 68ish and then switch of any effort and especially disconnect my emotions as hopefully thd years roll by.

Cheers Roger. 

gm0

There are a lot of pension freedoms options.  And so there is not way to pre-package all of that in a setup once, never touch manner - which would suit all comers.  Ah but I want 2 years non-equities buffer for sequence. No i want 4. and so on.   I want FAD cash up front. No i want UPFLS with tfc embedded each month etc. etc.

Fund managers provide the blended equities and bonds in 5 risk tiers.  And all platforms offer that.  The options available to take income preferentially "cash first" or "biggest fund"  "smeared across" can be used to automate to a degree in terms of what happens over time.

But in general indexation of income is not offered automatically.  
And you have to call up every 12-18 months or interval of choice to tweak income.  And perhaps review investments and/or rebalance if that's required by your investment choices.

This is not onerous. It's what I do. And my income just drops in every month.  
Nothing is traded until I get to my rebalancing/reset income interval once every 18 months or so.  So I am not watching the market gyrate or altering what gets sold for income.

I do not use the risk tiered blended funds in general. I use all equities funds and all gilts or MMF and other things which allow me to sell things independently - should I choose to do so - at one of these rebalancings. Not all mushed together into units which contain both.

There would be plenty of critics of this approach who will argue the potential return is diluted by this setup over a more aggressive one.  Without income buffer etc. And that they can prove an average better outcome from backtesting.  

And yet for a retiree hit by the bad/close to worst sequence in the early years. Some buffering for time to take stock and other lifestyle actions is helpful.  Sleeping at night is part of having an effective plan.

But the quest for "no touch at all" is likely to prove fruitless. Low touch - easy.  No touch - harder.  Really talking about indexed annuities paid into joint account for the two lives covered.